Superannuation

Superannuation

After all, it’s your money!

Our super attitude is straight-forward – give clear, simple and effective strategy advice that helps you set up your retirement future. Sorry we couldn’t be more mystical about it – we’ll leave that to the other firms.

If you invest through an industry or corporate superannuation fund, our Wealth Design team can help you make sure you’re getting the most out of your contributions. Our advice can cover many aspects of super, like:

Consolidating multiple funds

Life insurance through super

Additional contributions strategies

Salary sacrificing to super

Managing your super through redundancy

Accessing, transferring or terminating your super if you need to

If controlling your own financial destiny through your super appeals to you, then a Self-Managed Superannuation Fund (SMSF) could be the answer. But with greater control comes greater responsibility, so we have specialists to manage the investment strategy side of your SMSF and others who are expert at establishing and administering your fund.

Learn more about the possibilities of self-managed super and Your Fund (how good does that sound, Your Fund)!

Self-Managed Superannuation

Self-Managed Superannuation

Self-Managed Superannuation Funds (SMSF) are a popular option for individuals, families and small business owners.

We all want to have more control over our financial direction towards retirement.

SMSFs operate similarly to corporate and industry superannuation funds – they invest member contributions and make funds available to members on retirement. The main difference is that the members of a SMSF are also the trustees of the fund. The trustees (you) determine how contributions are invested, as well as managing members’ benefits.

There’s a lot more on offer with a SMSF, but unless you’re super-savvy you’ll need help and guidance to manage your fund. Cue The Peak Partnership and how we help:

SETTING UP A SMSF

A SMSF is like a new puppy – it’s for life (well almost) so you’ve got to be sure.

Generally, you should have a minimum of $200,000 to start investing in a SMSF, so our first step is a good, bad, ugly discussion to help you decide if a SMSF is right for you. Then we’ll design a plan that matches your retirement vision.

Right now it might sound overwhelming, but the benefits of a SMSF far outweigh the initial nerves. And we’re always here to help.

SMSF ADMINISTRATION

Ticking all the boxes with a SMSF as tax time approaches can be complex.

Luckily, we do SMSF compliance day-in day-out. Our qualified SMSF specialists know how to administer your fund thoroughly and efficiently, saving you money while we keep the regulators happy.

We adopt the monthly administration method, which means together we can stay on top of your SMSF right throughout the year so there’s no nasty last-minute surprises. And we manage your SMSF through every stage, from establishment through to termination and payment of benefits.

RETIREMENT PLANNING

Super is all about retirement, so we always have an eye on your end goal.

We’ll help you set up a Transition to Retirement investment strategy (TTRP), tax-free pension payments, pension allocations, as well as asset structures for cash flow or capital growth.

INVESTING

This is where your SMSF gets exciting. You have greater investment flexibility through a SMSF, such as listed securities and business property, directly from its members.

This added flexibility allows a SMSF to invest in the usual superannuation-style investments like listed shares, as well as real property - giving greater control over investment strategies and outcomes.

BORROWING AND PROPERTY

It’s possible with a SMSF.

You can get into the property investment game, borrowing the money you need for a residential or commercial property through your own Fund. How it works and the rules around borrowing through your SMSF are complex, but it can be a worthwhile strategy to increase your Fund’s asset base and achieve ongoing investment returns.

If you like the idea of playing for real that famous board game that we can’t mention by name, talk to us about making it happen. As a little teaser, grab our fact sheet on self-managed super and borrowing for property.

ESTATE PLANNING

Everyone wants to enjoy their super when the Golden Years arrive, but unfortunately it doesn’t always turn out that way. With our estate planning expertise, we’ll make sure your SMSF assets go to the people you want if the worst should happen.